Insurance News

BIG blow to Insurance holders! IRDAI makes THIS mandatory from January 1; Deets inside | News

From January 1, 2023, all policyholders will be required to disclose their Know Your Customer (KYC) information while purchasing any kind of insurance policy, according to a regulation by the Insurance Regulatory and Development Authority of India (IRDAI). The purpose of this regulation is to ensure that insurance companies have correct and current information about the policyholders of all persons and businesses purchasing insurance in India.

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